Berenberg Bank Reaffirms “Buy” Rating for Land Securities Group (LON:LAND)

Land Securities Group (LON:LANDGet Free Report)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a note issued to investors on Thursday,Digital Look reports. They currently have a GBX 897 target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 54.26% from the stock’s previous close.

A number of other research analysts have also recently issued reports on LAND. UBS Group reiterated a “buy” rating and issued a GBX 705 target price on shares of Land Securities Group in a research report on Monday. Citigroup dropped their target price on shares of Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Finally, The Goldman Sachs Group upgraded shares of Land Securities Group to a “buy” rating and reduced their price target for the company from GBX 710 to GBX 690 in a research note on Monday, March 30th. Six analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 642.78.

Get Our Latest Analysis on LAND

Land Securities Group Price Performance

Land Securities Group stock opened at GBX 581.50 on Thursday. The company has a debt-to-equity ratio of 72.33, a quick ratio of 0.54 and a current ratio of 0.78. Land Securities Group has a 52 week low of GBX 522.50 and a 52 week high of GBX 678.50. The stock has a market capitalization of £4.33 billion, a P/E ratio of 17.46, a price-to-earnings-growth ratio of 12.39 and a beta of 1.13. The stock has a fifty day moving average of GBX 584.03 and a 200-day moving average of GBX 613.48.

Land Securities Group Company Profile

(Get Free Report)

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.

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